Brookfield US Holdings LLC has won the Revel Casino Hotel bankruptcy auction with a $110 million offer, said Revel spokeswoman Lisa Johnson.
A sale to the firm must be approved by a federal judge at an Oct. 7 hearing, she said.
But
stalking horse bidder Glenn Straub has complained about a lack of
transparency in the process and promised to take the matter to court.
Entire article at
http://www.pressofatlanticcity.com/news/breaking/brookfield-declared-winner-in-revel-auction/article_d3416d7e-48ad-11e4-af77-97508d73f066.html
Entire article at
http://www.pressofatlanticcity.com/news/breaking/brookfield-declared-winner-in-revel-auction/article_d3416d7e-48ad-11e4-af77-97508d73f066.html
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